SellYourOwnBusiness

A place to discuss issues surrounding the sale/purchase of a business.

Welcome to "Sell Your Own Business"! If you have stories about buying/selling a business or want to buy/sell a business - share it here!

Make the Leap!

There's never been a better time to go out on your own!
"When you've done what you can do you do what you dare?" ~ Reba McEntire

Have a business for sale?

If you have a business for sale and would like to preview it on BlogTalkRadio's "Sell Your Own Business" radio show contact maureen @techtrak.com and your opportunity can be featured FOR FREE on the radio show!

STATS

Have you ever wanted to own your own business? The number of self-employed people has increased in recent years and the number of entrepreneurs is going to continue to increase in coming years; a recent survey showed that 65% of 14 -to 19-year-olds are interested in starting their own businesses. In 2007, there were 27.2 million businesses in the United States, according to Office of Advocacy estimates. Census data show that there were 6.0 million firms with employees and 20.4 million without employees in 2005. Small firms with fewer than 500 employees represent 99.9 percent of the 27.2 million businesses (including both employers and nonem-ployers), as the most recent data show there were slightly more than 17,000 large businesses in 2005.

Members

  • Peter Stevenson
  • Jeannine Solanto
  • Ron Hebert
  • Mark Roachell
  • Ethan
  • Akash Jain
  • Richard
  • Veronika Hopkins
  • Jay Bhattacharyya
  • Sharon
  • W. Brady Lambert
  • Jason Elias
  • Jacqueline Fallat
  • Tony Hotko
  • MikeAstringer
  • Paul Manning
  • Maureen Sharib
  • Barbara Ling
  • Wendy Doulton
  • Jen Thomas

Latest Activity

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How to Structure a Partnership

The number of business partnerships in the U.S. has been growing steadily by an annual rate of about 5.6 percent a year to more than 3 million in 2007, according to the most recent records reported by the U.S. Internal Revenue Service. The total net income for these partnerships has also been on the rise, increasing by 2.5 percent from 2006 to a total $683 billion for 2007, IRS figures show.More here.See More
Blog post by Maureen Sharib Feb 25, 2010
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Is cash flow the best way to value a business?

Interesting LinkedIn discussion here.See More
Blog post by Maureen Sharib Nov 8, 2009
0 Comments
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The Top Ten Lies of Startups

“Our product is truly disruptive technology.”“Gartner says our market will be $50 billion in 2010.”“All we have to do is get 1% of the market.”“We don’t believe there are any competitors.”“Microsoft is too big/slow to be a threat.”“We have the first-mover advantage.”“Our projections are conservative.”“We have a proven management team.”“A world-class CEO will be joining us after the funding event.”“We have strong interest from a major customer.”Heard others? Post them in comments section down…See More
Blog post by Maureen Sharib Oct 24, 2009
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Ron Hebert updated their profile Oct 16, 2009
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Ron Hebert is now a member of SellYourOwnBusiness Oct 16, 2009
Welcome Them!
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Blog posts by Maureen Sharib Oct 15, 2009
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Entrepreneurs, know when to bend your rules

First, they obviously were not empowered enough to be able to bend the rules, even slightly, and even when it would have meant keeping a customer. So in one sense, the problem is not theirs, it is that of the owner and their managers. Clearly they worked in environments that did not allow them to make smart, independent decisions.Does your business empower your employees to be smart, rather than slaves to rules? If not, that is really something to noodle on.Second, it also seems obvious that…See More
Blog post by Maureen Sharib Oct 12, 2009
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Some small businesses still struggle to get financing

The big squeeze on small-business financing continues, despite the overall loosening of U.S. Small Business Administration-backed loans in recent months, two new studies show.Nearly four in 10 small-business owners polled in the past few weeks said they are not able to get the financing they need to run their firms, according to a study Wednesday from the National Small Business Association. That's up from a third in December 2008.A report from the Service Employees International Union, also…See More
Blog post by Maureen Sharib Jul 22, 2009
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Facebook, Twitter and peers for sale - privately

SharesPost is one of a few private stock exchanges that are emerging to fight what venture capitalists call a liquidity crisis. These exchanges give stakeholders an alternative way to trade their shares in hot startups like Facebook for cold, hard cash - without having to wait years for an IPO.Employees at startup employees often put in long hours but get salaries that can be 20 percent less than their peers at public companies. In return, they get stock or options that they hope will be a path…See More
Blog post by Maureen Sharib Jun 29, 2009
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Blog posts by Maureen Sharib Jun 15, 2009
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How Small Companies Hiring Plans Have Changed

"This economy has created a window of opportunity for small businesses,” says Peter Weddle, a human-resources consultant in Stamford, Conn. "These tools offer “a way to manage the tidal wave,” he says. More here.See More
Blog post by Maureen Sharib May 14, 2009
0 Comments
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The Best Free E-Mail Accounts for Your Small Business

Most small businesses have limited budgets and a small or non-existent IT team, so finding the best free e-mail accounts is a big priority. How can you get free e-mail management and still look professional to your customers? It's all about appearances.Why Is E-mail Important?First, let's talk about the dangers of using free e-mail. If you're running a business with an online presence, your e-mail address is part of your marketing program. An AOL, Hotmail or Yahoo e-mail address just doesn't…See More
Blog post by Maureen Sharib Apr 18, 2009
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Blog posts by Maureen Sharib Apr 17, 2009
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New Internet Start-Up Boom: Get Rich Slow

It's time to stop whining. The economy might be melting down like a pat of butter on a hot Hummer roof, but for some people — you, maybe? — this could be a very good thing.Here's why. At no other time in recent history has it been easier or cheaper to start a new kind of company. Possibly a very profitable company. Let's call these start-ups LILOs, for "a little in, a lot out." These are Web-based businesses that cost almost nothing to get off the ground yet can turn into great moneymakers (if…See More
Blog post by Maureen Sharib Apr 14, 2009
0 Comments
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Microlenders Widen Their Client Base

Amid Tight Credit Market, More Firms Look Beyond Banks for FinancingNo loan is too small for small businesses these days.With many banks continuing to put a hold on lending, more small-business owners and would-be entrepreneurs are turning to microlenders, organizations that dole out smaller loans typically ranging from as little as $500 to $35,000.Microlenders, most of whom are nonprofits, have traditionally focused on helping small-business owners, particularly minorities and women, in…See More
Blog post by Maureen Sharib Apr 9, 2009
0 Comments
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11 Most Overlooked Tax Deductions

Every year, the IRS dutifully reports the most common blunders taxpayers make on their returns. And every year, at or near the top of the "oops" list is forgetting to enter a Social Security number or making a mistake when entering those nine digits at the top of the tax form.You can read all the mistakes…See More
Discussion posted by Maureen Sharib Apr 1, 2009
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What is an Entrepreneur?

Entrepreneurs work in nearly all occupations and industries, doing what they're best at and what they're passionate about. Being self-employed involves hard work and long hours. The first two years can be the most difficult, when the business is being established and doesn't have a stable customer base. Most businesses, as high as 70% of them, will fail, but people with a true entrepreneurial spirit bounce back quickly and are likely to launch into another venture soon afterwards, always building on the knowledge and experience they've gained. Are you one of them? Learn more on what an entrepreneur is here.

SellYourOwnBusiness RADIO SHOW
We're thinking about doing a radio show on BlogTalkRadio that features a business that's for sale with the owner willing to answer questions from callers. It will be called the SellYourOwnBusinessShow and will be tied to this website. Sellers will be expected to give a general overview about their business, the approximate gross sales/profit ranges and an asking price. They will also be expected to answer questions from callers who will be expected to identify themselves. The show will be scheduled for 1/2 hour and will initially air once a month. Interested? Send an email to maureen at techtrak.com to have your business featured.

Blog Posts

Maureen Sharib

How to Structure a Partnership

The number of business partnerships in the U.S. has been growing steadily by an annual rate of about 5.6 percent a year to more than 3 million in 2007, according to the most recent records reported by the U.S. Internal Revenue Service. The total net income for these partnerships has also been on the rise, increasing by 2.5 percent from 2006 to a total $683 billion for 2007, IRS figures show.

More…

Continue

Posted by Maureen Sharib on February 25, 2010 at 8:40am

Maureen Sharib

Is cash flow the best way to value a business?

Interesting LinkedIn discussion here.

Posted by Maureen Sharib on November 8, 2009 at 6:09am

Maureen Sharib

The Top Ten Lies of Startups

“Our product is truly disruptive technology.”



“Gartner says our market will be $50 billion in 2010.”



“All we have to do is get 1% of the market.”



“We don’t believe there are any competitors.”



“Microsoft is too big/slow to be a threat.”



“We have the first-mover advantage.”



“Our projections are conservative.”



“We have a proven management team.”



“A world-class CEO… Continue

Posted by Maureen Sharib on October 24, 2009 at 8:00am

Maureen Sharib

Learn how to buy businesses

I saw this over on LinkedIn - thought you might have an interest:
Learn how to grow big and fast through acquisitions.

Posted by Maureen Sharib on October 15, 2009 at 2:42pm

Maureen Sharib

Take a Desire to Sell Poll

LinkedIn poll on your desire to sell
Here is the link:

Posted by Maureen Sharib on October 15, 2009 at 2:30pm

Maureen Sharib

Entrepreneurs, know when to bend your rules

First, they obviously were not empowered enough to be able to bend the rules, even slightly, and even when it would have meant keeping a customer. So in one sense, the problem is not theirs, it is that of the owner and their managers. Clearly they worked in environments that did not allow them to make smart, independent decisions.



Does your business empower your employees to be smart, rather than slaves to rules? If not, that is… Continue

Posted by Maureen Sharib on October 12, 2009 at 10:00am

Maureen Sharib

Some small businesses still struggle to get financing

The big squeeze on small-business financing continues, despite the overall loosening of U.S. Small Business Administration-backed loans in recent months, two new studies show.



Nearly four in 10 small-business owners polled in the past few weeks said they are not able to get the financing they need to run their firms, according to a study Wednesday from the National Small Business Association. That's up from a third in December… Continue

Posted by Maureen Sharib on July 22, 2009 at 6:30am

Maureen Sharib

Facebook, Twitter and peers for sale - privately

SharesPost is one of a few private stock exchanges that are emerging to fight what venture capitalists call a liquidity crisis. These exchanges give stakeholders an alternative way to trade their shares in hot startups like Facebook for cold, hard cash - without having to wait years for an IPO.

Employees at startup employees often put in long hours but get salaries that can be 20 percent less than their peers at public companies. In return, they… Continue

Posted by Maureen Sharib on June 29, 2009 at 7:00am

Maureen Sharib

Would you start your own business now?

Ruslan Papou, Director, Altabel Group, software development services asks, over on LinkedIn, this good question:

Would you start your own business now?

See the fast-arriving answers… Continue

Posted by Maureen Sharib on June 15, 2009 at 8:34am

Maureen Sharib

Ever wanted to start a business but your spouse/significant other wasn't sold on the idea?

Brad Werner, Operations professional with experience in risk assessment, project and time management, and product development, asks, over on LinkedIn:

Ever wanted to start a business but your spouse/significant other wasn't sold on the idea?

Say you did your research, have your business plan all laid out. You have been thinking, planning, dreaming about it for years and now you have a plan all you have to do is take that step. Your… Continue

Posted by Maureen Sharib on June 15, 2009 at 8:00am

Maureen Sharib

How Small Companies Hiring Plans Have Changed

"This economy has created a window of opportunity for small businesses,” says Peter Weddle, a human-resources consultant in Stamford, Conn. "These tools offer “a way to manage the tidal wave,” he says. More… Continue

Posted by Maureen Sharib on May 14, 2009 at 5:13am

Maureen Sharib

The Best Free E-Mail Accounts for Your Small Business

Most small businesses have limited budgets and a small or non-existent IT team, so finding the best free e-mail accounts is a big priority. How can you get free e-mail management and still look professional to your customers? It's all about appearances.



Why Is E-mail Important?

First, let's talk about the dangers of using free e-mail. If you're running a business with an online presence, your e-mail address is part of your… Continue

Posted by Maureen Sharib on April 18, 2009 at 1:00pm

Maureen Sharib

85 Percent of Small Business Owners See Retirement Plans as One of the Most Important Benefits They Can Offer

Amid the growing concerns about the current economy, small business owners continue to recognize having a solid retirement plan as an important issue both personally and to their employees. This is according to survey results released today by SunTrust Banks, Inc. (NYSE: STI). Yet, despite this acknowledgement, almost 40 percent of small businesses do not offer retirement plan options to employees - citing affordability (90 percent), ease of use once… Continue

Posted by Maureen Sharib on April 17, 2009 at 10:12am

Maureen Sharib

10 steps to catch Venture Capital cash

Looking for funding for your big idea? Follow our 10-point guide to landing the right investors.



"The entrepreneur is the Pied Piper of a company," says Chip Hazard, general partner at Boston-based Flybridge Capital Partners. "We want an articulate, passionate CEO who can excite others - employees, customers, business partners."

See the ten… Continue

Posted by Maureen Sharib on April 17, 2009 at 10:00am

Maureen Sharib

New Internet Start-Up Boom: Get Rich Slow

It's time to stop whining. The economy might be melting down like a pat of butter on a hot Hummer roof, but for some people — you, maybe? — this could be a very good thing.



Here's why. At no other time in recent history has it been easier or cheaper to start a new kind of company. Possibly a very profitable company. Let's call these start-ups LILOs, for "a little in, a lot out." These are Web-based businesses that cost almost nothing to get… Continue

Posted by Maureen Sharib on April 14, 2009 at 7:30am

Maureen Sharib

Microlenders Widen Their Client Base

Amid Tight Credit Market, More Firms Look Beyond Banks for Financing

No loan is too small for small businesses these days.



With many banks continuing to put a hold on lending, more small-business owners and would-be entrepreneurs are turning to microlenders, organizations that dole out smaller loans typically ranging from as little as $500 to $35,000.



Microlenders, most of whom are nonprofits, have… Continue

Posted by Maureen Sharib on April 9, 2009 at 9:30am

Maureen Sharib

Best Small Businesses

From U.S.News & World Report. Here.

Posted by Maureen Sharib on March 30, 2009 at 1:14pm

Maureen Sharib

No job? Create your own!

No bank would lend to her; she was a 20-something woman in the early 1900s, a poor risk. So she scraped together what she could and just started. Eventually, she found someone who was willing to loan her $1,600, which she paid back in half the time she was allotted.

Interesting story… Continue

Posted by Maureen Sharib on March 26, 2009 at 10:00am

Maureen Sharib

Laid off? Become an entrepreneur!

Awesome article about how people who are laid off can turn into entrepreneurs here.

Posted by Maureen Sharib on March 21, 2009 at 12:00pm

Maureen Sharib

Start spring with small-business savings

Ronda Abrams advises: In this economy, you need to shave every dollar you can from your "nut" —your monthly overhead. Moreover, the companies you do business with are fighting to keep every customer. That puts you in a good bargaining position.



Each of us who runs a business has fixed expenses: rent, telecommunications, shipping, credit card fees. This monthly overhead takes a big bite out of our cash. Over time, these costs slowly creep up… Continue

Posted by Maureen Sharib on March 20, 2009 at 6:25am

Forum

Maureen Sharib

11 Most Overlooked Tax Deductions

Started by Maureen Sharib Apr 1, 2009.

 
 
 

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